Stung by subprime mortgage collapse
Wed May 16 2007 12:08 am
by Bob Morris.
Thousands of homes in the Sacramento CA area are fast becoming breeding areas for mosquitoes due to untended backyard swimming pools of homes for sale that have been on the market for months or are in foreclosure.
Meanwhile, home builders nationwide don’t expect an even sluggish recovery to happen until 2008 at the earliest.
Tip: Exurban Nation.
Posted in: Credit crisis.
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